Lincoln Electric earns Market Share Leadership Award

October 25, 2010

Lincoln Electric, Cleveland, has been honored with the Market Share Leadership Award for best practices in the world pipeline industry related to welding equipment and consumables.

The award, based on global research by analysts and consultants and outlined in Frost and Sullivan’s "CEO 360 Degree Perspective" report, recognized the company for exhibiting market share leadership through the implementation of market strategy. This includes the identification of market challenges, drivers, and restraints, as well as strategy development and methods of
addressing these market dynamics.

The designation was awarded based on the company’s devotion to R&D of welding equipment and consumables, continuous upgrades of its existing product portfolio, a wide distribution network, a unique growth strategy, strong customer support, and an increasing market share.